Acceleware Ltd V.AXE

RE:RE:RE:In The News: Calgary Journal

[in4longrun]

Absolutely blitzer2!  My thinking is along the same lines as well.  However, as you mentioned, the hydrogen stuff is a bit down the road.  In the meantime, oil/gas will continue to dominate the majority of the world's energy markets for decades to come, especially in developing countries.  With the recent push by several major countries to decarbonize, it reminds of the good old 1999-2001 days.  Remember when Bush was touting hydrogen as the fuel of the decade and that we would all be running our econmies without oil in a decade?   We all know how that turned out....

My feeling is that the transition will take a century to achieve, and so in the meantime that puts AXE's tech in a good place to try to capitalize on the need to produce oil at lower costs to our wallets and our environment.  Make no mistake, SAGD went from 'a commerical pilot test' to full-scale deployment in less than a decade.  Could we see a similar transition with RF heating?  Time will tell, but one thing is for sure: this is a long-term investment and by no means an overnight 'pump and dump'.  We will have our ups and downs, but the long-term fundamentals are solid, the government is hugely behind cleaner oil (as is the province of Alberta), and there is also a cherry on the cake:  it makes financial sense, even without the positive environmental benefits.  As my username says, I'm 'in 4 the long run'.  Holding until 2030, which is when I retire incidentally  =)

blitzer2 wrote: Of course in4longrun, the comments in the news article regarding Hydrogen
did not escape my attention. In particular, when I first became aware of this article
which was from Acceleware's email posting to their subscribers list a few days ago.

https://mailchi.mp/acceleware/presidents-blog-albertas-oil-sands-needs-a-game-changing-technology-7231201?e=40a9a6f378

As you will notice in that short edited intro to go view the article, Michal Okoniewski's
hydrogen comments certainly struck a chord with me before I read the full article
in the Calgary Journal. Needless to say I also got a liitle excited but obviously, it's all very
much in the future, so we have to keep our feet on the ground and the number one objective
of course is still getting the Marwayne pilot project successfuly completed over the next few months.

However, out of more curiosity I did do a little more research on hydrogen because I admit
with it being so far in the future, it wasn't something I have been following much.
For example I did not realise that our Government, back in December, had released a
Hydrogen Strategy for Canada. The government has identified hydrogen as a critical part
of its path towards achieving the goal of net-zero carbon emissions.They also recently did
a deal with Germany to explore the joint development of green hydrogen from Canadian hydroelectric power:
https://www.reuters.com/article/us-germany-canada-hydrogen-idUSKBN2B82BY

Anyway again, Acceleware is staying on focus at present with oil and the RF XL pilot
but, I have to say, this extra (well into the future) clean energy market insight with hydrogen
is really exciting. This more particularly because it seems, that Acceleware and their
ever evolving game-changing technology potentially, could be involved in it.

https://mailchi.mp/acceleware/presidents-blog-albertas-oil-sands-needs-a-game-changing-technology-7231201?e=40a9a6f378
 
https://www.reuters.com/article/us-germany-canada-hydrogen-idUSKBN2B82BY